Philadelphia, PA 19139,4618 WALNUT ST
Philadelphia, PA 19139,4618 WALNUT ST
Philadelphia, PA 19139,4618 WALNUT ST
Philadelphia, PA 19139,4618 WALNUT ST
Philadelphia, PA 19139,4618 WALNUT ST
Philadelphia, PA 19139,4618 WALNUT ST
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$450,000

$450,000

Est.Price: ?

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Est. payment /mo

2,066 SqFt


SOLD DATE : 01/26/2024

Key Details

Sold Price $450,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 2,066 sqft

Price per Sqft $217

MLS Listing ID PAPH2304288

Sold Date 01/26/24

Style Unit/Flat

Abv Grd Liv Area 2,066

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $4,626

Tax Year 2022

Lot Size 1,716 Sqft

Acres 0.04

Lot Dimensions 19.00 x 93.00

Property Description

Wonderful multi-unit investment opportunity in a great area with only upside. It’s currently used as five units, but legally zoned as four units. The property is dated throughout with many long-term and low paying tenants. This is a great opportunity to improve the value and increase the income. Four of the apartments have 1 bed and 1 bath, one is a studio. The first-floor unit is a former storefront with a private entrance. A shared entry leads to two units on each of the upper floors. All units are currently occupied except the 2nd-floor front and are verbal leases. The utilities are as follows; 4 separate gas hot water tanks, 2nd floor front and 1st floor front share one hot water heater (owner pays gas), baseboard steam heating, 1 gas boiler for all units, 2nd floor front has an electric stove, 4 electrical panels and 4 gas meters. This building is located in a sought-after neighborhood, earning a Walk Score of 94! It's only a few blocks from The University of Penn, Drexel University, and Penn Presbyterian Medical Center. Popular restaurants, local shops, and sprawling parks are nearby along 40th St, Baltimore Ave, and 52nd St. Plus, there's easy access to public transit, 30th St Station, I-76, and Delaware County. Schedule your showing today!

Location

State PA

County Philadelphia

Area 19139 (19139)

Zoning CMX2

Rooms

Basement Unfinished

Interior

Hot Water Natural Gas

Heating Baseboard - Electric

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Unit/Flat

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 461001900

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Michael R. McCann • KW Philly
Bought with Melissa Knights Munaco • Compass RE
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“Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

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ryan@revolhomes.com

980 Mercantile Dr, Hanover, MD, 21076, United States

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